VIPSHOP HLDGS LTD VIPS
SPONSORED ADS A · ADR · CUSIP 92763W103 · ISIN US92763W1036
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($20.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.69. Options: 10 managers hold calls ($8.4m notional), 10 hold puts ($11.6m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 274 |
| Q4 2022 | 290 |
| Q1 2023 | 319 |
| Q2 2023 | 327 |
| Q3 2023 | 334 |
| Q4 2023 | 332 |
| Q1 2024 | 330 |
| Q2 2024 | 293 |
| Q3 2024 | 268 |
| Q4 2024 | 278 |
| Q1 2025 | 304 |
| Q2 2025 | 278 |
| Q3 2025 | 278 |
| Q4 2025 | 314 |
| Q1 2026 | 278 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 135 | 181 |
| Q3 2024 | 107 | 166 |
| Q4 2024 | 114 | 148 |
| Q1 2025 | 173 | 115 |
| Q2 2025 | 120 | 169 |
| Q3 2025 | 147 | 119 |
| Q4 2025 | 178 | 107 |
| Q1 2026 | 124 | 166 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $17.0m | $25.6m | 1.50 |
| Q3 2025 | $33.7m | $48.6m | 1.44 |
| Q4 2025 | $31.4m | $26.0m | 0.83 |
| Q1 2026 | $8.4m | $11.6m | 1.39 |
Biggest buyers
| FIL Ltd | Added | +6.0m |
| UBS Group AG | Added | +2.7m |
| Invesco Ltd. | Added | +2.1m |
| Point72 Asset Management, L.P. | Added | +2.1m |
| Robeco Institutional Asset Management B.V. | Added | +1.6m |
| BRIGHT VALLEY CAPITAL Ltd | Added | +1.5m |
| Athos Capital Ltd | New | +1.5m |
| D. E. Shaw & Co., Inc. | Added | +1.4m |
| Ghisallo Capital Management LLC | New | +1,000.0k |
| AMERICAN CENTURY COMPANIES INC | Added | +640.4k |
Biggest sellers
| Orbis Allan Gray Ltd | Reduced | -5.6m |
| HSBC HOLDINGS PLC | Reduced | -2.3m |
| North of South Capital LLP | Sold out | -2.3m |
| Clark Capital Management Group, Inc. | Sold out | -2.0m |
| Krane Funds Advisors LLC | Reduced | -1.4m |
| JANE STREET GROUP, LLC | Sold out | -1.3m |
| CAUSEWAY CAPITAL MANAGEMENT LLC | Sold out | -1.1m |
| Man Group plc | Sold out | -1.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -909.6k |
| RBF Capital, LLC | Reduced | -744.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.2m205.1k shares |
| UBS Group AG | Reduced | $1.9m123.0k shares |
| IMC-Chicago, LLC | Reduced | $1.0m65.0k shares |
| Squarepoint Ops LLC | New | $589.5k37.5k shares |
| CITADEL ADVISORS LLC | Reduced | $515.6k32.8k shares |
| GROUP ONE TRADING LLC | Reduced | $327.0k20.8k shares |
| Walleye Trading LLC | Reduced | $273.5k17.4k shares |
| JANE STREET GROUP, LLC | Reduced | $232.7k14.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $221.7k14.1k shares |
| Raiffeisen Bank International AG | Unchanged | $44.5k2.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.4m213.6k shares |
| UBS Group AG | Added | $2.1m135.0k shares |
| Walleye Trading LLC | Added | $1.6m98.9k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m67.5k shares |
| JANE STREET GROUP, LLC | Added | $941.6k59.9k shares |
| GROUP ONE TRADING LLC | Reduced | $916.5k58.3k shares |
| IMC-Chicago, LLC | Reduced | $580.1k36.9k shares |
| Squarepoint Ops LLC | New | $400.9k25.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $397.7k25.3k shares |
| PEAK6 LLC | Reduced | $306.5k19.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| UBS Group AG 13G · institution +1.7 pts · filed 2026-05-07 | 20.0% |
| Elegant Motion Holdings Ltd 13G · exempt (held before listing) filed 2025-08-14 | 18.2% |
Tencent Holdings Ltd
13D · may seek influence
filed 2025-05-22
Stated purposeNo change Full filing |
14.8% |
| High Vivacity Holdings Ltd 13G · exempt (held before listing) filed 2025-08-14 | 11.1% |
| FIL Ltd 13G · institution +1.3 pts · filed 2026-08-06 | 6.5% |
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| FIL Ltd 0.30% of their portfolio | 24.9m $391.5m | Added +6.0m |
| BlackRock, Inc. 0.01% of their portfolio | 22.4m $352.8m | Reduced -283.8k |
| Invesco Ltd. 0.03% of their portfolio | 19.0m $298.8m | Added +2.1m |
| ACADIAN ASSET MANAGEMENT LLC 0.35% of their portfolio | 15.9m $250.1m | Reduced -644.0k |
| Robeco Institutional Asset Management B.V. 0.28% of their portfolio | 12.5m $196.6m | Added +1.6m |
| Krane Funds Advisors LLC 7.01% of their portfolio | 11.4m $170.7m | Reduced -1.4m |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 8.6m $135.6m | Added +1.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 7.1m $111.2m | First filing |
| STATE STREET CORP 0.00% of their portfolio | 7.1m $110.9m | Reduced -152.1k |
| LSV ASSET MANAGEMENT 0.21% of their portfolio | 6.2m $97.1m | Added +235.9k |
| UBS Group AG 0.02% of their portfolio | 5.9m $93.2m | Added +2.7m |
| Orbis Allan Gray Ltd 0.35% of their portfolio | 5.2m $82.0m | Reduced -5.6m |
| Carmignac Gestion 1.08% of their portfolio | 4.5m $70.5m | Added +319.4k |
| CapitalatWork S.A. 2.09% of their portfolio | 4.4m $69.8m | Added +398.9k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 3.7m $58.7m | Added +299.1k |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 3.2m $50.1m | Added +2.1m |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 3.1m $48.8m | Added +640.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.0m $46.6m | Reduced -64.2k |
| Marathon Asset Management Ltd 1.76% of their portfolio | 2.9m $46.0m | Reduced -16.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 2.9m $45.5m | Reduced -909.6k |
| TODD ASSET MANAGEMENT LLC 0.88% of their portfolio | 2.9m $45.2m | Added +106.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 2.6m $41.0m | Reduced -185.1k |
| Legal & General Group Plc 0.01% of their portfolio | 2.5m $39.1m | Added +50.2k |
| MORGAN STANLEY 0.00% of their portfolio | 2.5m $38.6m | Reduced -35.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.3m $36.6m | Added +192.6k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 2.3m $36.6m | Reduced -2.3m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.3m $36.0m | Reduced -1.3k |
| FMR LLC 0.00% of their portfolio | 2.2m $35.3m | Reduced -10.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.0m $31.8m | Added +314.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.9m $29.7m | Reduced -278.1k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 1.8m $28.8m | First filing |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.22% of their portfolio | 1.8m $28.7m | Reduced -12.3k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 1.8m $28.5m | Added +416.9k |
| BRIGHT VALLEY CAPITAL Ltd 28.83% of their portfolio | 1.8m $27.9m | Added +1.5m |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.7m $27.4m | Added +1.4m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.6m $26.3m | Reduced -268.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 1.6m $25.4m | Reduced -23.7k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio | 1.6m $24.6m | Reduced -327.9k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 1.6m $24.9m | Added +15.0k |
| Packer & Co Ltd 9.11% of their portfolio | 1.5m $24.4m | Unchanged |
| Athos Capital Ltd 7.16% of their portfolio | 1.5m $23.2m | New |
| E Fund Management Co., Ltd. 0.63% of their portfolio | 1.3m $21.1m | First filing |
| SG Americas Securities, LLC 0.02% of their portfolio | 1.3m $21.1m | Added +411.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 1.3m $20.5m | Added +153.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.2m $19.4m | Added +174.5k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 1.1m $17.9m | Reduced -45.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 1.1m $17.2m | Added +18.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio | 1.1m $16.8m | Added +36.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.0m $16.4m | Reduced -340.3k |
| Ghisallo Capital Management LLC 0.43% of their portfolio | 1,000.0k $15.7m | New |
| PRUDENTIAL PLC 0.12% of their portfolio | 992.0k $15.6m | Reduced -248.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 976.9k $15.4m | Reduced -29.2k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 970.4k $15.3m | Added +8.5k |
| STOREBRAND ASSET MANAGEMENT AS 0.04% of their portfolio | 950.2k $14.9m | Added +137.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 936.5k $14.7m | First filing |
| Polymer Capital Management (HK) LTD 2.05% of their portfolio | 932.0k $14.7m | Reduced -407 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 877.9k $12.8m | Reduced -217.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio | 731.2k $11.5m | Reduced -125.1k |
| RBF Capital, LLC 0.54% of their portfolio | 700.0k $11.0m | Reduced -744.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 696.2k $10.9m | Reduced -6.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 664.3k $10.4m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 643.2k $10.1m | Added +370.9k |
| BARCLAYS PLC 0.00% of their portfolio | 634.7k $10.0m | Reduced -125.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 611.0k $9.6m | Added +32.4k |
| AVIVA PLC 0.02% of their portfolio | 602.9k $9.5m | Added +367.8k |
| Swiss National Bank 0.01% of their portfolio | 602.4k $9.5m | Reduced -78.8k |
| Caisse de depot et placement du Quebec 0.01% of their portfolio | 594.0k $9.3m | Added +183.0k |
| Nuveen, LLC 0.00% of their portfolio | 541.4k $8.5m | Reduced -26.2k |
| KBC Group NV 0.02% of their portfolio | 535.7k $8.4m | Added +395.1k |
| JUPITER ASSET MANAGEMENT LTD 0.04% of their portfolio | 535.0k $8.4m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 528.9k $8.3m | Reduced -157.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 525.7k $8.3m | Reduced -13.3k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 506.4k $8.0m | Added +400.5k |
| Korea Investment CORP 0.02% of their portfolio | 501.5k $7.9m | Added +93.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 478.8k $7.5m | Reduced -259.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 472.6k $7.4m | Reduced -22.2k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 471.5k $7.4m | Reduced -14.5k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 420.4k $6.6m | Reduced -4.8k |
| CITIGROUP INC 0.00% of their portfolio | 397.6k $6.3m | Reduced -655.8k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 386.3k $6.2m | Unchanged |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio | 378.8k $6.0m | Unchanged |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 359.6k $5.7m | Unchanged |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 359.0k $5.6m | Reduced -48.6k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.01% of their portfolio | 340.5k $5.4m | Unchanged |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 337.4k $5.3m | New |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.01% of their portfolio | 336.8k $5.3m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 329.7k $5.2m | Reduced -72.7k |
| Creative Planning 0.00% of their portfolio | 327.5k $5.1m | Added +70.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 291.4k $4.6m | Added +129.7k |
| Handelsbanken Fonder AB 0.01% of their portfolio | 276.8k $4.4m | Added +31.4k |
| Aberdeen Group plc 0.01% of their portfolio | 268.8k $4.2m | Reduced -58.5k |
| GF FUND MANAGEMENT CO. LTD. 0.06% of their portfolio | 246.9k $3.9m | Added +13.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 226.6k $3.6m | Reduced -108.2k |
| Vinva Investment Management Ltd 0.04% of their portfolio | 206.0k $3.3m | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 202.6k $3.2m | Reduced -258.7k |
| United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund 0.06% of their portfolio | 199.7k $3.1m | Unchanged |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 198.7k $3.2m | Reduced -113.7k |
| Dodge & Cox 0.00% of their portfolio | 190.8k $3.0m | Added +66.6k |
| RITHOLTZ WEALTH MANAGEMENT 0.05% of their portfolio | 188.4k $3.0m | Added +3.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 186.5k $2.9m | Added +68.8k |